With data compiled from reliable public sources and government organizations like the Bureau of Labor Statistics and the U.S. Census Bureau, Joblift provides you with essential insights to help you in your job search in University Park, IL.
University Park is a city with a diverse range of industries, providing ample opportunities for job seekers. Health care, manufacturing, transportation, finance, and education are among the key sectors in this city. The presence of these industries contributes to a stable economy and offers various career paths to choose from. Moreover, University Park has managed to balance urban development with a professional environment, making it an ideal location for growth and success. Overall, the city's diverse industrial landscape ensures a promising future for individuals seeking new career opportunities.
In this city, jobseekers can expect a slightly shorter average commute time of 34.5 minutes in comparison to other cities. The cost of living is notably more affordable, as it is approximately 16.0% lower than the national median. With an average salary of $61,922, employees in the city earn somewhat less than the overall national average. However, a significant 56% of residents receive insurance coverage through their employers, indicating that numerous positions provide valuable benefits for workers. Taking these factors into consideration, employment prospects in the city present a range of unique advantages for those seeking new opportunities.
The local economy in University Park, IL currently experiences an unemployment rate of 7.10%, which is above the national average of 3.8%. Despite this higher unemployment rate, the city's future job market growth is predicted to be strong. This combination of factors indicates potential for economic improvement and increased job opportunities in the coming years. Maintaining a focus on the strong job market growth, University Park can anticipate positive changes in its employment landscape.
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